Exxon Mobil Corp. and Chevron Corp. were among oil companies accused by Pennsylvania of polluting groundwater with a gasoline additive in lawsuits similar to ones brought by New York City, New Hampshire and Vermont.
John K. McKinley, the chief executive officer who tried to resuscitate Texaco Inc. before a jury asked it to pay a then-record $10.53 billion in damages as part of a lawsuit that led to the biggest U.S. bankruptcy, has died. He was 94.
An icy rain is pelting about 30 protesters who’ve converged at the gate of a natural gas drilling site near Manchester, England. On the other side of a fence topped with razor wire, a 10-story-high rig is boring into shale to determine if it’s suitable for hydraulic fracturing, or fracking. The demonstrators unfurl a banner: “Fracking will poison our children.”
Chevron Corp., the world’s third- largest energy company by market value, became the first major international oil producer to reveal partnership plans with state-run Petroleos Mexicanos since Mexico signed landmark legislation to reopen its doors to foreign producers.